Posts Tagged“money”

We’re forever hearing stories about the exchange rate and it would be fair to say that most of us simply view it as something which might affect our spending power when we head out of the country. Suffice to say, in the wider context, there is far more to it than this. Like most things, it’s best to explain the topic through examples. We’ll now take a look at some of the best examples of how currencies affect the international economy – both for good and for bad. The Chinese Yuan This is one of the more interesting examples we’ll…